AUDCAD reached the major resistance held since last August and appears to be running out of steam. It is currently pulling back down towards the old green descending channel again. I'm neutral on this trade for the moment as its clearly in a strong uptrend... May take a long if it fails to break back into that channel.
If you have any ideas supporting or on the contrary to my opinion please leave a comment.
Thank you and happy trading :)
Disclaimer: This is not financial advice.
If you have any ideas supporting or on the contrary to my opinion please leave a comment.
Thank you and happy trading :)
Disclaimer: This is not financial advice.